Flexiti Financial Announces that Martin Parizeau, former CEO of Chase Card Services Canada, Joins its Board of Directors
- Posted by Flexiti Financial
- On November 21, 2017
Toronto, ON, November 21, 2017 – Flexiti Financial, a leading provider of Point-Of-Sale (POS) financing and payment technology for retailers, today announced that Mr. Martin Parizeau has joined its board of directors.
Mr. Parizeau brings a significant amount of financial services experience to Flexiti Financial’s board. He spent five years as Chief Executive Officer of Chase Card Services Canada where he was responsible for the end-to-end management of JPMorgan Chase’s (NYSE: JPM) Canadian Card business. Before joining Chase, Mr. Parizeau served as Senior Vice President & Consumer Credit Executive at Bank of America (NYSE: BAC) and as Senior Executive Vice President and member of the Global Senior Operating Committee at MBNA Corporation, which was acquired by Bank of America in 2006. During his tenure with MBNA, he managed a number of portfolios including strategy and operations for credit, fraud, and collections. He also held senior roles in marketing, product management, partnership management, sales, and insurance. In addition, he served as Chief Credit Officer, Chief Anti Money Laundering Officer and Chief Privacy Officer.
“The financial services industry continues to see new and exciting entrants that are redefining the lending and payments space in Canada,” said Mr. Parizeau. “Flexiti Financial is one such company, and I am thrilled to be joining its board of directors to help build upon its early success, and further establish their POS financing offering as the leading lending platform for retailers across the country.”
Mr. Parizeau brings a deep background in corporate governance, having served as Board Chair of MasterCard Canada (NYSE: MA), Ashbury College and Habitat for Humanity NCR. He also served on the board of the Ottawa Hospital where he was Treasurer and Chair of the Resource Committee.
“I am honoured to welcome Mr. Parizeau to our board of directors,” said Peter Kalen, Founder and CEO of Flexiti Financial. “Given his extensive experience and expertise in the financial services and credit card industry, we have a tremendous asset joining our board. The team at Flexiti Financial looks forward to working closely with him as we continue to execute on our aggressive growth strategy in Canada.”
Mr. Parizeau joins fellow Flexiti Financial board members Paul G. Smith, Barry Pickford, Geoff Browne and Peter Kalen.
About Flexiti Financial
Flexiti Financial is a Canadian sales financing company founded in 2013. We help retail businesses increase sales by providing instant consumer financing at the POS, with higher approval rates and superior customer service compared to other providers. Using Flexiti Financial’s award-winning mobile application process, customers can apply for financing and receive approval within minutes – no paperwork, no scanning and mailing, plus retailers get paid within two business days. Today, Flexiti financing is offered in over 2,250 locations across Canada. The company was named Best Emerging Consumer Lending Platform by LendIt, which recognizes Flexiti Financial’s platform as having the greatest potential to impact the future of consumer lending. Flexiti Financial is backed by some of Canada’s leading investors including Globalive Capital Inc. For more information, visit www.flexitifinancial.com.